Voluntary Employee's Beneficiary Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460443644 ✦ Watertown, SD ✦ Designated as a 501(c)(9)

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Overview

What is Voluntary Employee's Beneficiary Association?

Voluntary Employee's Beneficiary Association (VEBA) is a nonprofit organization devoted to supporting its members and their dependents in times of need. Specifically, it provides financial aid during emergencies, sickness, and accidents. Moreover, the organization extends its benefits to cover funeral and memorial services for its members and their loved ones. Furthermore, VEBA offers medical benefits as part of its comprehensive package to ensure the well-being of its members and their families. The organization's mission is to serve as a safety net, providing essential financial assistance and support during challenging periods.

Is Voluntary Employee's Beneficiary Association legitimate?

Voluntary Employee's Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Voluntary Employee's Beneficiary Association submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Voluntary Employee's Beneficiary Association?

The Voluntary Employee's Beneficiary Association (VEBA) is committed to providing emergency, sickness, and accidental benefits to its members and their dependents. In times of need, VEBA offers financial support to its members, ensuring they can access necessary medical care. Furthermore, VEBA extends its benefits to cover funeral and memorial services for its members and their families. Beyond these, VEBA also provides medical benefits as part of its comprehensive package, demonstrating its commitment to the well-being of its members in various aspects of their lives.

Who is the CEO of Voluntary Employee's Beneficiary Association?

Douglas Caulfield is the President of Voluntary Employee's Beneficiary Association.

What is the revenue of Voluntary Employee's Beneficiary Association?

Voluntary Employee's Beneficiary Association's revenue in 2022 was $21,120.

Who are the executives of Voluntary Employee's Beneficiary Association and what are their salaries?


Here are 8 key members and their salaries:


Douglas Caulfield (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Schaible (Vice Presidnet)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Clark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick House (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Pitan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Kleinsasser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Weber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Voluntary Employee's Beneficiary Association?

Voluntary Employee's Beneficiary Association's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Voluntary Employee's Beneficiary Association

The Voluntary Employee's Beneficiary Association (VEBA) is committed to providing assistance in times of emergencies, illnesses, and accidents for its members and their dependents. This nonprofit organization extends its support by offering financial aid in the form of emergency, sick, and accidental benefits. Moreover, VEBA extends its compassionate services to cover funeral and memorial benefits for its members and their families during their time of grief. Furthermore, the association extends its reach to cater to the medical needs of its members by providing medical benefits as well.

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Impact




October, 2024

Voluntary Employee's Beneficiary Association significantly impacts its community by offering essential financial support during crucial times. By providing emergency, sick, and accidental benefits, it alleviates the financial burdens faced by members and their dependents, ensuring they have access to critical care when needed. Additionally, the organization addresses the often-overlooked need for funeral and memorial benefits, helping families navigate the expenses associated with end-of-life arrangements. This comprehensive support fosters a sense of security and peace of mind for members, knowing that they and their loved ones are protected during emergencies and significant life events. Overall, it plays a vital role in enhancing the well-being of its members in Watertown, SD.




This information is meant to be a general summary of Voluntary Employee's Beneficiary Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$21,120 (2022)
Expenses
$10,025 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $21,120

Assets and Liabilities:

  • Total Assets: $44,687
  • Total Liabilities: $0
  • Net Assets: $44,687

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Organization Details

Principal Officer

Douglas Caulfield

Main Address

PO Box 1150, Watertown, SD, 57201

NTEE Category

Code: Y43 - Mutual benefit

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